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well, big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ cheers and applause ] or as china put it, "oh, great. glad you got that deal worked out. any word on the $14 trillion?" [ light laughter ] yeah. you might want to get working on that one." listen to this, guys. the company that makes the blackberry is laying off 11% of its workforce. >> audience member: yeah! >> jimmy: you can tell it's bad cause the ceo's announcement ended with the line "sent from my iphone." [ laughter and applause ] that's not good. that's bad. [ applause ] this is weird. on abc's "this week," a guest said rick perry won't win the presidency because after eight years of bush, there's a texas taint. [ light laughter ] in related news, i just received a $10,000 fine from the fcc for saying that. [ light laughter ] check this out, you guys. on "antiques road show" this weekend, a man found out that he had five cups worth $1.5 million. i've actually seen those. [ laughter and applause ] a
well, big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ cheers and applause ] or as china put it, "oh, great. glad you got that deal worked out. any word on the $14 trillion?" [ light laughter ] yeah. you might want to get working on that one." listen to this, guys. the company that makes the blackberry is laying off 11% of its workforce. >> audience member: yeah! >> jimmy: you can tell it's bad cause the...
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Jul 26, 2011
07/11
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he was a big band guy. but he her this music that i was listening to and he goes, you know, it's pretty good. my dad was very cool. he could preach a sermon and tell you who played ba eed basse animals which i thought was great. ♪ i get around "i get around" by the beach boys. when i was about 13 years old that song came out in the summer. so it really brings back the memories of being 14 and jusust almost emerging into getting your own car, getting a job, getting into high school next year. so i get around was like one of the great, great records of all time. ♪ she loves you and you know you should be glad ♪ "she loves you" by the beatles. i was painting the inside of my house in phoenix and listening to normal top 40 radio. all a sudden i heard this sound that i'd never heard before and it was these guitars. and thesee drums. and it was so happy and so up. i went, wow, that's great. to this day, every time i hear that song, i picture myself painting the -- inside my house. ♪ why don't you all fade
he was a big band guy. but he her this music that i was listening to and he goes, you know, it's pretty good. my dad was very cool. he could preach a sermon and tell you who played ba eed basse animals which i thought was great. ♪ i get around "i get around" by the beach boys. when i was about 13 years old that song came out in the summer. so it really brings back the memories of being 14 and jusust almost emerging into getting your own car, getting a job, getting into high school...
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Jul 26, 2011
07/11
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i like to call the big three. medicare, medicaid and social security. in the short material, either deal will probably be enough. really interesting this afternoon, when i was talking to an investor who had met with the ratings agency at standard & poors talking about the downgrade. could it raise interest rates the same way a potential default could. they said the boehner plan probably wouldn't hit the hurried tol prevent a downgrade. even if that was reached, you could still get a downgrade. it is unsure whether that would happen. the reid plan, even though a lot of the parts of that are seen by many as gimmicks, probably would pass that hurdle and you wouldn't get that immediate downgrade. that's an interesting distinction. >> stand by for a moment. i want to bring back kate and jessica. there is a harry reid plan and a john boehner plan. given the stakes involved, why not have these two gentlemen sit down together and sort of reach a compromise? i'll meet you halfway here. you meet me halfway there. let's get
i like to call the big three. medicare, medicaid and social security. in the short material, either deal will probably be enough. really interesting this afternoon, when i was talking to an investor who had met with the ratings agency at standard & poors talking about the downgrade. could it raise interest rates the same way a potential default could. they said the boehner plan probably wouldn't hit the hurried tol prevent a downgrade. even if that was reached, you could still get a...
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Jul 26, 2011
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lawrence, our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. >> congressman walsh, you know that the government got bigger every year under the reagan presidency, so much bigger every year under the reagan presidency that ronald reagan had to ask you in congress, you weren't there, but congress, he had to ask congress for a debt ceiling increase 18 times, and congress gave him a debt ceiling increase 18 times. would you have voted no on every one of the 18 ronald reagan debt ceiling increases? >> lawrence, i'll give you an honest answer, i don't know. what's interesting to me is -- >> so there might have been a debt ceiling increase you might have voted for, just not a obama debt ceiling increase. >> 20 or 30 years ago, who knows. what i find interesting -- you're right in your history, why is the debt ceiling such a big issue now? and i guess my answer would be is because the crisis is so big, one,
lawrence, our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. >> congressman walsh, you know that the government got bigger every year under the reagan presidency, so much bigger every year under the reagan presidency that ronald reagan had to ask you in congress, you weren't there, but congress, he had to ask congress for a debt ceiling increase 18 times, and congress...
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Jul 26, 2011
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three, which is big for the base, big for people on fixed incomes, and it would not increase revenue. and it would cut what you're talking about, the possibility of job creation, because we're taking too much out of the economy. how could this be viewed as a win for the president? >> i don't think it would be a win. it's a win only relative to what the republicans are proposing. but if you save social security and medicare and medicaid, that's great. but if you take $2.7 trillion out of the economy, and if you do it soon, unfortunately, then you're going to have a tremendous problem. if you don't raise taxes on the rich, where are those cuts going too to come from? they're going to come from education, from infrastructure, from basic r&d. from all the things you need to grow the economy and create jobs. >> and of course, if we go back to the old tax rates, before the bush tax cuts, we would be looking at $4 trillion into the treasury over the next decade, is that correct? >> of course we would. look, i was very proud, i was a member of the clinton administration. we ended the clinton
three, which is big for the base, big for people on fixed incomes, and it would not increase revenue. and it would cut what you're talking about, the possibility of job creation, because we're taking too much out of the economy. how could this be viewed as a win for the president? >> i don't think it would be a win. it's a win only relative to what the republicans are proposing. but if you save social security and medicare and medicaid, that's great. but if you take $2.7 trillion out of...
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Jul 26, 2011
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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Jul 26, 2011
07/11
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...
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Jul 26, 2011
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three, which is big for the base, big for people on fixed incomes, and it would not increase revenue. and it would cut what you're talking about, the possibility of job creation, because we're taking too much out of the economy. how could this be viewed as a win for the president? >> well, i don't think it would be a win. it's a win only relative to what the republicans are proposing. but if you save social security and medicare and medicaid, that's great. but if you take $2.7 trillion out of the economy, and if you do it soon, unfortunately, then you're going to have a tremendous problem. if you don't raise taxes on the rich, where are those cuts going too to come from? they're going to come from education, from infrastructure, from basic r&d. from all the things that you need to grow the economy and create jobs. >> and of course, if we go back to the old tax rates, before the bush tax cuts, we would be looking at $4 trillion into the treasury over the next decade, is that correct? >> of course we would. look, i was very proud, i was a member of the clinton administration. we ended
three, which is big for the base, big for people on fixed incomes, and it would not increase revenue. and it would cut what you're talking about, the possibility of job creation, because we're taking too much out of the economy. how could this be viewed as a win for the president? >> well, i don't think it would be a win. it's a win only relative to what the republicans are proposing. but if you save social security and medicare and medicaid, that's great. but if you take $2.7 trillion...
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Jul 26, 2011
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there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a compromise, some sort of deal is worked out. i am wolf blitzer washington, special coverage continues right now with "piers morgan tonight." >> thank you for chain with us. >> bible start with you, the talk of compromise, it seems cheat me that both of the equivalent of the bay of pigs, who will blink first? >> the president doesn't have to say because he doesn't have a boat. it was a moment to isolate the republican speaker of the house and urge him to try to change pass and find out to compromise. we heard him hawed speaker peter tight and say you work with the president. i a
there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a...
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Jul 26, 2011
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. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that derailed a powerful titan. and she says tonight she will not sit silently while he might go free. it's an abc news exclusive interview with "good morning america" anchor robin roberts who's here with us now. robin. >> and, diane, that woman is nafissatou diallo. they call her nafi. a 32-year-old immigrant from guinea, west africa. in her first television interview, she painstakingly recounts the day she says she was sexually assaulted by dominique strauss-kahn -- the powerful man who, at the time, was the head of the international monetary fund. >> he come
. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that...
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Jul 26, 2011
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he said we need a long-term solution, he said we need a big solution, a grand solution, the president offered that, it was clear that he could have gotten that deal, in my opinion. the first time that he walked away from the deal, and i'm absolutely convinced, having talked to the president, he could have gotten a deal the second time he walked away. the problem is i think his party wants to play politics, his party irresponsibly wants to hold hostage the credit of the united states and every american's credit to politics. hopefully mr. boehnorç will return to his original concept that we ought to have a long-term, get us out of the election era, and what he's always said he wants is stability to businesses can count on our policies. well, he's suggested something absolutely the opposite of what he said is good policy. >> congressman hoyer, i appreciate your semantic correction of what i said about the democrats -- >> schumer said that. >> my point about it, though, is that -- and i think senator schumer's point can also be taken is we have a history here now, going back the last fe
he said we need a long-term solution, he said we need a big solution, a grand solution, the president offered that, it was clear that he could have gotten that deal, in my opinion. the first time that he walked away from the deal, and i'm absolutely convinced, having talked to the president, he could have gotten a deal the second time he walked away. the problem is i think his party wants to play politics, his party irresponsibly wants to hold hostage the credit of the united states and every...
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>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not c
>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into...
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we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers are trying to come to a compromise. now in order to prevent default which is seven days away, what happens if america's credit rating is ultimately downgraded. >>> and david wu says he is resigning from office amid a sex scandal, but not immediately, and we will have details on "newsnation" up next. 3q double shift... i need a break. he needs some gellin'. yeahhhhhhh. gellin' is like having a teeny tiny foot masseuse in your shoe. you like ? nice ! dr. scholl's massaging gel insoles. outrageous comfort, all-day long. but afraid you can't af
we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers...
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jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and that's what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network's rich edson live from washington with more on that. rich? >> reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second -- naturally -- pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then
jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and...
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Jul 26, 2011
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it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >> reporter: right. nutter, otherwise also pronounced nuers means this is crazy. get straight to the headlines here. this is what the independents say in the uk. raising the debt ceiling may not be enough to prevent financial disaster. it says with drama of an episode of "mcgyver." the items action series president obama -- primed to rip through the financial markets one week from now. check this out. wj wnel says structural change will only succeed if it's a company by a moral argument unabashed cultural defense of the free flis sys
it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >>...